Free Mortgage Calculator — Monthly Payment in Seconds
Enter your home price, down payment, interest rate and term to see your monthly payment update instantly — no Calculate button, no signup, no email required.
Inputs
Why people use this calculator
- Principal & interest broken out from the total payment
- See total interest paid across the full loan term
- Compare rates and terms side by side in seconds
- Works on mobile — check numbers while you're at a viewing
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OpenFrequently asked questions
›How much house can I afford?
A common guideline is keeping your total housing payment under 28% of gross monthly income. Try different home prices above until the monthly payment fits that budget.
›Does this include taxes and insurance?
The calculator focuses on principal and interest. Add roughly 1–2% of the home value annually for property tax and insurance to estimate your full PITI payment.
›How does the down payment affect my payment?
A larger down payment reduces the loan amount, which lowers both the monthly payment and the total interest you pay over the life of the loan.
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